US accounts for 18 per cent of Indian exports in FY24
The US accounted for 18 per cent of India's total exports in the financial year (FY) 24, as the country's exports to the world's largest economy continuously increased
The US accounted for 18 per cent of India's total exports in the financial year (FY) 24, as the country's exports to the world's largest economy continuously increased
The Minister said the industry will have to realign its policies keeping in mind political and strategic decisions of the country.
Bolivia, once celebrated as a South American economic success story, is now a stark example of how over-reliance on natural resources and poor governance can bring a nation to its knees.
India’s recent GDP figures reveal a slowdown that raises serious concerns about the country’s economic trajectory. At 5.4 per cent year-on-year growth for the July September quarter, this marks the slowest expansion in seven quarters.
The German economy is expected to significantly underperform the eurozone average until at least 2026, according to the European Commission's Autumn Forecast released on Friday.
A recent Oxfam report, published in January 2023, found that the richest one per cent in India own more than 40 per cent of the country's total wealth, while the bottom half together share just 3 per cent. Also, during FY 2020-21, approximately 64 per cent of the total Rs. 14.83 lakh crore in Goods and Services Tax (GST) came from the bottom 50 per cent of the population, with only 3 per cent coming from the top 10 per cent
While a favourable base effect should help accelerate India's real GDP growth to around 7.5-8 per cent YoY in the June quarter, the growth trend is expected to soften over the remaining quarters towards 5-6 per cent YoY, foreign financial services major UBS said in a report.
Union Minister of Commerce and Industry Piyush Goyal on Wednesday said that Prime Minister Narendra Modi wants every Indian mindset to be that of a developed nation's mind.
It seems democracy and capitalism no longer go together. We have so far believed that democracy gives people freedom of choice, an essential prerequisite for economic activities to flourish. The question is if this is the true face of neoliberal capitalism, would we want to look at it? Should we not think instead how a possible transition to reduced consumption, reduced production and reduced profit can be made compatible with social security and stability while fulfilling the basic human needs that modern living demands?
With the two major parties in the eight-party coalition staking claim to governance in Thailand having overcome the hurdle of choosing a Speaker, all eyes will be on the events of July 13 when the country’s parliament will meet to elect a new Prime Minister. The
